Cattle Feeding Margins Improve
US - Cattle feeding margins improved more than $15 per head last week, as cash fed cattle prices increased $1 per hundredweight. Over the past two weeks, feeding margins have increased more than $55 per head, but still remain in the red. Packer margins, however, declined more than $20 per head last week. The Sterling Profit Quotient gained 45 points on the week, and has gained 173 points the past two weeks.
31 December 2009
1 minute read
According to Drovers, the Sterling Beef Profit Tracker is calculated using actual weekly prices for Choice fed steers, feeder steers, feed costs, boxed beef-cutout prices, hide and offal values, and other factors that influence profit margins.
The Sterling Beef Profit Tracker for the week ending 25th December 2009:
- Average feedyard margins: -$32.56 per head.
- Average packer margins: -$26.42 per head.
- Sterling Profit Quotient: -98.2
TheCattleSite News Desk
